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Matin Spinning Mills (DHA:MATINSPINN) Cyclically Adjusted FCF per Share : BDT-0.09 (As of Dec. 2023)


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What is Matin Spinning Mills Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Matin Spinning Mills's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT10.163. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is BDT-0.09 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-30), Matin Spinning Mills's current stock price is BDT46.80. Matin Spinning Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT-0.09. Matin Spinning Mills's Cyclically Adjusted Price-to-FCF of today is .

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Matin Spinning Mills was 129.33. The lowest was 129.33. And the median was 129.33.


Matin Spinning Mills Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Matin Spinning Mills's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Matin Spinning Mills Cyclically Adjusted FCF per Share Chart

Matin Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.83

Matin Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.37 0.60 -0.83 -1.19 -0.09

Competitive Comparison of Matin Spinning Mills's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Matin Spinning Mills's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Matin Spinning Mills's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Matin Spinning Mills's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Matin Spinning Mills's Cyclically Adjusted Price-to-FCF falls into.



Matin Spinning Mills Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Matin Spinning Mills's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.163/129.4194*129.4194
=10.163

Current CPI (Dec. 2023) = 129.4194.

Matin Spinning Mills Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 7.091 99.695 9.205
201406 3.352 100.560 4.314
201409 -0.193 100.428 -0.249
201412 0.303 99.070 0.396
201503 -3.736 99.621 -4.853
201506 -0.992 100.684 -1.275
201509 -2.705 100.392 -3.487
201512 -4.414 99.792 -5.724
201603 -8.435 100.470 -10.865
201606 -1.926 101.688 -2.451
201609 -4.550 101.861 -5.781
201612 -0.061 101.863 -0.078
201703 0.876 102.862 1.102
201706 2.220 103.349 2.780
201709 -1.319 104.136 -1.639
201712 8.451 104.011 10.515
201803 -1.167 105.290 -1.434
201806 -1.206 106.317 -1.468
201809 1.178 106.507 1.431
201812 -1.245 105.998 -1.520
201903 6.247 107.251 7.538
201906 -2.579 108.070 -3.088
201909 -0.604 108.329 -0.722
201912 3.698 108.420 4.414
202003 -0.388 108.902 -0.461
202006 0.808 108.767 0.961
202009 4.176 109.815 4.922
202012 3.727 109.897 4.389
202103 -0.094 111.754 -0.109
202106 -2.351 114.631 -2.654
202109 4.598 115.734 5.142
202112 -0.518 117.630 -0.570
202203 -10.817 121.301 -11.541
202206 -0.468 125.017 -0.484
202209 3.555 125.227 3.674
202212 -2.959 125.222 -3.058
202303 9.593 127.348 9.749
202306 -12.975 128.729 -13.045
202309 -5.036 129.860 -5.019
202312 10.163 129.419 10.163

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Matin Spinning Mills  (DHA:MATINSPINN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Matin Spinning Mills was 129.33. The lowest was 129.33. And the median was 129.33.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Matin Spinning Mills Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Matin Spinning Mills's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Matin Spinning Mills (DHA:MATINSPINN) Business Description

Traded in Other Exchanges
N/A
Address
Road 03, House 50, Capita South Avenue Tower, 6th Floor, 7 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212
Matin Spinning Mills PLC manufactures and sells all types of Cotton, Viscose, Polyester, Melange and their blend in Bangladesh. The company's manufacturing plant is located at Sardagonj, Dhaka, Bangladesh.

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